Lake George Conservancy Inc

Analysis

Lake George Conservancy Inc is a registered charity in United States, based in Fremont, IN. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lake George Conservancy Inc reported income of $95k and spending of $71k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $229k to $95k (-58%), an average of -20% a year. The sharpest change came in the year to December 2021, when income dropped by 65%. Over the whole period it spent 43% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Lake George Conservancy Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within IN. Charities of a similar size with the same main cause include Badlands Conservation Alliance ($95k), WK Preservation Group Inc ($95k) and Colorado Wastewater Utility Council ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.